President Trump has signed into law the first major legislation governing the cryptocurrency industry, the GENIUS Act. The GENIUS Act governs stablecoins, a form of cryptocurrency that has its value linked to an asset like the American dollar. “With today’s signing, we are pushing even further into the exciting new frontier. … The GENIUS Act
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FILE – In this April 3, 2013 photo, a 25 Bitcoin token is displayed. (AP Photo/Rick Bowmer, File) Copyright 2018 The Associated Press. All rights reserved. In 2013, right after bitcoin’s price crashed nearly 24% in a single day, a bleary forum user called GameKyuubi missed a keystroke and immortalized a philosophy: “I AM HODLING.”
President Donald Trump on Friday signed the historic cryptocurrency legislation, dubbed the GENIUS Act, into law, which establishes a regulatory framework for Stablecoins. The signing comes a day after the House passed the legislation in a rare bipartisan move that saw 102 Democrats vote in favor of the bill, alongside 206 Republicans. The bill passed
As the crypto industry celebrates a cascade of approvals in the House of bills to regulate digital currencies — what Republican lawmakers dubbed “Crypto Week” — financial transparency and consumer advocates are raising alarms that the proposed laws don’t go far enough to prevent the movement of illicit funds across borders. One of three bills
(TNS) — Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate stablecoins and clearing the way for broader use of the technology in everyday finance. Backed by Republicans and championed by President Donald Trump, the bill imposes federal or state oversight on dollar-linked tokens that can
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin’s historic surge past $123,000 creates unprecedented market capitalisation exceeding Amazon’s $2.4 trillion valuation. The cryptocurrency’s remarkable ascent accelerates new crypto listings across exchanges and trading platforms. Market enthusiasm drives institutional adoption and influences strategic investment decisions across digital assets. Michael Saylor’s
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CANADA – 2025/05/01: In this photo illustration, the SharpLink Gaming logo is seen displayed on a … More smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images SharpLink Gaming stock (NASDAQ:SBET) has risen by nearly 50% in the last week and has increased over 100% in the previous
The House has passed three bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “ crypto capital of the world.” One of the three bills, legislation to regulate a type of cryptocurrency called stablecoins, had already passed the Senate with